Peugeot shareholders say yes to merger with Fiat Chrysler
The new company is called Stellantis and is the world's 4th-largest automaker. Enlarge (credit: Rafael Henrique/SOPA Images/LightRocket via Getty Images) For the past few years, Fiat Chrysler Automobiles has been looking to get married. After.....»»
Porsche"s finance chief says advantages of IPO have been laid out
Lutz Meschke has been arguing for a listing of Porsche since 2018 and has previously commented on how Ferrari benefited from being spun off by Fiat Chrysler......»»
Real estate tech startup Offerpad to go public via SPAC merger in $3B deal
Offerpad is the latest proptech company to go public via a SPAC merger. The Phoenix, Ariz.-based company announced Thursday its plans to go public by merging with Supernova Partners Acquisition Company in a deal valued at $3 billion. The transaction.....»»
Proterra to supply batteries for Lightning eMotors" commercial electric vans
Colorado-based Lightning, which has conducted a reverse merger with GigCapital3 Inc. in a deal valued at $823 million, said the first transit vans with Proterra batteries are expected to be delivered to customers later this year......»»
GlobalWafers to finish merger with Siltronic in 2H21
Semiconductor silicon wafer maker GlobalWafers expects to complete the merger with Germany-based fellow maker Siltronic in second-half 2021, according to company chairperson and CEO Doris Hsu......»»
Rogers Shaw Merger Could Shake Up Canadian Telecom
Rogers Shaw Merger Could Shake Up Canadian Telecom Canadian-based telecom providers Rogers Communications and Shaw Communications agreed to combine today in a $26 billion (including debt) merger that executives said will benefit the combined entity.....»»
Trading platform eToro to go public via SPAC merger in $10B deal
Multi-asset investing and trading platform and Robinhood competitor eToro announced Tuesday it will go public via a merger with SPAC FinTech Acquisition Corp. V in a massive $10.4 billion deal. Once the transaction closes sometime in the third quarte.....»»
New footprints from the Gaia-sausage-enceladus merger event
Looking up at the starry sky, the deep Universe appears quiet and mysterious. It is hard to imagine that the ancient dwarf galaxy Enceladus violently collided and was torn apart by our own Milky Way Galaxy, leaving behind the cries of a whole new gen.....»»
For new guidance, Ford looks to 5th generation
Alexandra Ford English and Henry Ford III have worked their way through a variety of roles in the company and would be the youngest board members if shareholders approve their nomination in May......»»
Tesla investor sues Musk, claims tweets violate SEC settlement
The lawsuit claims Musk's "erratic" tweets and the failure of the automaker's board to monitor his compliance with the SEC settlement have exposed shareholders to billions of dollars of losses......»»
It took Disney+ just 16 months to reach 100 million subscribers
Disney CEO Bob Chapek shared the milestone this week during the company’s annual shareholders meeting, which is being held virtually this year due to the pandemic......»»
Disney+ Tops 100 Million Subscribers Worldwide
Disney+ continues to grow apace, topping 100 million subscribers worldwide, Disney CEO Bob Chapek said Tuesday during its annual shareholders meeting. That's up from the 94.9 million Disney reported last month. From a report: "The enormous success of.....»»
Microsoft"s $7.5 billion ZeniMax purchase has been approved by regulators
Neither the SEC nor the European Commission has attached any terms or restrictions to the deal -- at least, none of note. Microsoft appears to have done everything by the book, and presumably, the size of the merger isn't significant enough to set of.....»»
U.S. sues EZ Lynk for selling vehicle emissions defeat devices
In a complaint filed in federal court in Manhattan, the U.S. Department of Justice said the company's EZ Lynk System has enabled thousands of drivers to "delete" emissions controls from Ford, GMC and Chrysler trucks......»»
Stellantis drops Peugeot"s return to U.S. market
The new group, formed from the merger of PSA and Fiat Chrysler, will focus on "existing brands" in North America such as Jeep and Ram, a spokesman said......»»
Sequoia-backed driverless truck startup seeks SPAC merger, report says
The Sequoia Capital-backed company has received several letters of intent from U.S.-listed SPACs and is weeks away from a deal announcement, Bloomberg reported......»»
What to expect from Stellantis in 2021
CEO Carlos Tavares says the combined Fiat Chrysler-PSA group will not be labeled as only a "legacy car company.".....»»
Peugeot U.S. chief Dominique tapped to lead Alfa N.A.
Larry Dominique has been guiding Peugeot's planned return to the U.S. for four years. It's unclear what his new appointment means for that effort......»»
Peugeot U.S. chief Dominique tapped to lead Alfa NA
Larry Dominique has been guiding Peugeot's planned return to the U.S. for four years. It's unclear what his new appointment means for that effort......»»
Stellantis to distribute its stake in Faurecia to shareholders
Company shareholders will decide on the distribution of the 39 percent stake and the $368 million raised from a previous equity sale in the supplier......»»
Peugeot"s new logo features in today"s Dezeen Weekly newsletter
The latest edition of our Dezeen Weekly newsletter includes Peugeot's new logo featuring a lion's head that recalls its 1960s emblem. Read more The latest edition of our Dezeen Weekly newsletter includes Peugeot's new logo featuring a lion's.....»»